News Ohteban Trucking

Thunder Bay, Ontario - A deal has been completed forming a new partnership involved in providing Road Transport Operations. The partnership is comprised of established operator, Morgan Transfer, a 100% aboriginal company, and Wasaya Group Inc. The Morgan Group of Companies has been in operation since 1935. This new Partnership takes effect immediately. Initially, the primary focus of the new joint venture will be the transport of Winter Road fuels. The transportation of fuel over the Winter Roads to existing and potential new customers of Morgan Fuels and Wasaya Petroleum will now be done through the new Wasaya/Morgan entity - Ohteban LP. The deal allows for a structured buyout by Wasaya Group over a 7-year period.

Wasaya President & CEO, Tom S. Kamenawatamin, says that, "This new Partnership is an agreement designed to allow WGI the opportunity to learn the business and incorporates options for a structured buyout over time. WGI has explored establishing a Trucking Business for many years. That is because a Trucking Business has long been identified as an excellent fit for our remote communities to participate in. This venture will lead to new training and career opportunities for our community members. As we progress with our partner s guidance, we will look at other ground Transportation opportunities."

President of Morgan Transfer, Anne Morgan states that, "Morgan Transfer is excited to expand its relationship with Wasaya Group Inc. through Ohteban LP. As our relationship has grown over the past years, it makes sense for both parties to be working together to provide a better and more efficient service to our customers and Wasaya s member communities. We look forward to continued growth and partnership with Wasaya and its member communities as they continue the path to self determination and show their strengths in the vibrant economy of our area.